Shares of Seven Generations Energy Ltd (TSE:VII) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.11 and traded as high as $8.57. Seven Generations Energy shares last traded at $8.56, with a volume of 423,536 shares trading hands.

A number of research firms recently weighed in on VII. Eight Capital raised Seven Generations Energy from a “neutral” rating to a “buy” rating and raised their price target for the company from C$10.00 to C$13.00 in a report on Thursday, August 1st. TD Securities raised their price target on Seven Generations Energy from C$14.50 to C$15.50 and gave the company a “buy” rating in a report on Thursday, August 1st. BMO Capital Markets dropped their price target on Seven Generations Energy from C$9.50 to C$8.00 in a report on Thursday, August 1st. Royal Bank of Canada dropped their price target on Seven Generations Energy from C$15.00 to C$11.00 in a report on Thursday, July 18th. Finally, CSFB reaffirmed an “outperform” rating and set a C$12.00 price target on shares of Seven Generations Energy in a report on Tuesday, July 16th. Five analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average target price of C$13.55.

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The stock has a market capitalization of $2.88 billion and a P/E ratio of 4.15. The company has a debt-to-equity ratio of 40.00, a quick ratio of 0.68 and a current ratio of 0.80. The stock has a 50-day simple moving average of C$7.15 and a 200 day simple moving average of C$8.21.

Seven Generations Energy (TSE:VII) last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.27 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.29 by C($0.02). The business had revenue of C$727.50 million during the quarter, compared to analysts’ expectations of C$707.06 million. Equities analysts predict that Seven Generations Energy Ltd will post 0.86 earnings per share for the current year.

Seven Generations Energy Ltd., together with its subsidiary, engages in development of natural gas properties in Canada. The company holds interests in the Kakwa River project, a natural gas property covering approximately 537,000 net acres located in the Kakwa area of northwest Alberta; and in the approximately 506,000 acres in Montney.